Do you have a passion for financial analysis, analytics and problem solving? Would you like the opportunity to contribute directly to the bottom line? At CVS Health, you can put your skills and interests to work by joining our Client Value Optimization, Profitability Management group. You will support the Pharmacy Benefit Management (PBM) business as part of our broader Client Financial Analysis and Proposals department. You will be directly involved in improving client financial performance.
In this high impact role, you will be an individual contributor focused on financial variance analysis, identifying client specific improvement opportunities and helping to drive implementation of appropriate strategies that will create a meaningful financial benefit. The financial monitoring of current PBM client financial performance will span many channels (rebates, network, and specialty) and areas of our business. You’ll be collaborating with and influencing many groups within our company (Specialty, Retail, Clinical Ops, IT, Product Development, Finance, Trade, Sales & Account Management) to help drive opportunities through to execution.
Additionally, you will:
-Be responsible for conducting financial variance analysis and identifying issues in order drive towards margin enhancing solutions
-Work with pharmacy claim data to understand root causes of specific client issues
-Access and manipulate large datasets using Excel, SQL(SAS/Teradata) and similar tools
-Support complex projects related to a wide variety of financial, utilization, and operational business needs.
-Assist in coordinate efforts across company teams that can include Specialty, Retail, Clinical Ops, IT/TI, Product Development, Finance FP&A, Trade and account management to identify and implementation of solutions
In this role, you will be an integral member of the team. Your success will be driven by your ability to interact with others in a collaborative and professional manner and help foster teamwork and knowledge sharing to complete key tasks. Your experience extracting, manipulating, and analyzing large data sets and then using it to draw conclusions will also be key. Your strong presentation skills, aptitude to communicate complex findings and conclusions in an easy to understand way, as well as your ability to manage tight deadlines and competing priorities will also contribute to your success.
Our organization offers a competitive benefit package including vacation paid time off, holiday/sick time, health/dental/vision insurance, work/life balance, employee discounted stock purchase program, 401K, tuition reimbursement and employee discounts at all CVS stores.
The typical pay range for this role is:
This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls. The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors. This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above.
In addition to your compensation, enjoy the rewards of an organization that puts our heart into caring for our colleagues and our communities. The Company offers a full range of medical, dental, and vision benefits. Eligible employees may enroll in the Company's 401(k) retirement savings plan, and an Employee Stock Purchase Plan is also available for eligible employees. The Company provides a fully-paid term life insurance plan to eligible employees, and short-term and long term disability benefits. CVS Health also offers numerous well-being programs, education assistance, free development courses, a CVS store discount, and discount programs with participating partners. As for time off, Company employees enjoy Paid Time Off (PTO) or vacation pay, as well as paid holidays throughout the calendar year. Number of paid holidays, sick time and other time off are provided consistent with relevant state law and Company policies.
For more detailed information on available benefits, please visit
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- 5+ years’ experience in financial analysis, analytics or variance analysis
- Experience in Microsoft Excel-based modelingPreferred Qualifications
- PBM or pharmaceutical industry experience preferredEducation
- Bachelor’s degree required; degree related to finance, mathematics, statistics, actuarial science, economics or other finance related fields preferred.Business Overview
Bring your heart to CVS Health Every one of us at CVS Health shares a single, clear purpose: Bringing our heart to every moment of your health. This purpose guides our commitment to deliver enhanced human-centric health care for a rapidly changing world. Anchored in our brand — with heart at its center — our purpose sends a personal message that how we deliver our services is just as important as what we deliver. Our Heart At Work Behaviors™ support this purpose. We want everyone who works at CVS Health to feel empowered by the role they play in transforming our culture and accelerating our ability to innovate and deliver solutions to make health care more personal, convenient and affordable. We strive to promote and sustain a culture of diversity, inclusion and belonging every day. CVS Health is an affirmative action employer, and is an equal opportunity employer, as are the physician-owned businesses for which CVS Health provides management services. We do not discriminate in recruiting, hiring, promotion, or any other personnel action based on race, ethnicity, color, national origin, sex/gender, sexual orientation, gender identity or expression, religion, age, disability, protected veteran status, or any other characteristic protected by applicable federal, state, or local law. We proudly support and encourage people with military experience (active, veterans, reservists and National Guard) as well as military spouses to apply for CVS Health job opportunities.